If you’re like most people, you can’t wait to retire. But the trick is putting enough away so that your retirement savings will last as long as you do. An Individual Retirement Account (IRA) from Cadence Bank can help you build enough money to support your dreams of retirement. We’ve got the IRAs that will get you well on your way to enjoying some of the best years of your life.

Traditional IRA — Most traditional IRA account holders can deduct all, or part of, their contributions from their income taxes.* And every traditional IRA gives you the advantage of earning tax-deferred compound interest.

Many investors open both a traditional IRA and a Roth IRA because the combination lets you customize your own blend of tax-deductible and nondeductible contributions to your retirement accounts. A Cadence Bank advisor can help you decide which is a greater priority: minimizing your taxes now through deduction or minimizing your taxes in the future with tax-free earnings.

All IRAs at Cadence Bank include:

Minimum opening deposit of $500

No service charge

Ask for our current competitive interest rates.

Talk to a Cadence Bank financial advisor near you about which type of IRA is right for you.

*There is a substantial penalty for early withdrawal of IRA funds, including a tax penalty imposed by the IRS. Be sure to consult a tax advisor concerning the tax benefits of an IRA in your specific case.